Stellantis won't attend CES to 'preserve capital' in light of UAW strike

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Stellantis won't attend CES to 'preserve capital' in light of UAW strike
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Stellantis, maker of Jeep and Ram, said it won't attend next year’s CES technology show in Las Vegas due to “mounting” costs of the ongoing UAW strike.

and Ram, said Tuesday that it is canceling its participation in next year’s CES technology show in Las Vegas citing the “mounting” costs of the

The Europe-based company said its focus is on measures “to mitigate financial impacts and preserve capital,” during the ongoing negotiations with theunion. It said it would “demonstrate its transformation into a mobility tech company through other means” than participation in CES 2024. CES has increasingly become a forum for car news, as automotive and tech companies increase their cooperation. The next edition will be held Jan. 9-12.strike has entered its fifth week with no end in sight. The union has targeted specific plants from each U.S. automaker, including Stellantis,

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